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☆ A California couple built a $500,000 ADU in their parents' backyard when they couldn't afford to buy a traditional house
▼ + stars: | 2024-11-01 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

AdvertisementNewlyweds Aislyn and Ali Benjamin felt they couldn't afford to buy a traditional property in their corner of California — Danville, a small city just over an hour's drive east of San Francisco. Financing and building the ADU cost a total of $500,000, paid by the couple with help from their parents. Advertisement"The main reason we chose to do this is to stay close to our work," Ali Benjamin told Business Insider. An overview of the Benjamins' ADU in the Bay Area, where the couple lives full-time. The kitchen of the Benjamins' ADU.

Persons: Aislyn, Ali Benjamin, —, Realtor.com, San Ramon — Aislyn, Ali, Villa, ADU, Ali Benjamin's, Ali Benjamin said Organizations: Service, Danville ., Benjamins, Business, Urban Institute, Villa Villa, Backyard, Villa Locations: California — Danville, San Francisco, Danville, San Ramon, Bay, California, Los Angeles, San Jose

☆ Live Updates: Secret Service Chief Testifies on ‘Failed’ Response at Trump Rally
▼ + stars: | 2024-07-22 | by ( Luke Broadwater | David Fahrenthold | ) www.nytimes.com time to read: +5 min

Ms. Cheatle joined the Secret Service in 1995 and spent more than two decades there before leaving in 2021 to lead the North American security operations for PepsiCo. Ms. Cheatle, 53, is the second woman to lead the Secret Service. By the time she had graduated from college four years later, Ms. Cheatle had applied for a job at the Secret Service, the newspaper said. At the Republican National Convention on Wednesday, two Republican senators chastised Ms. Cheatle in a confrontation that was captured on video. An internal Secret Service investigation of the shooting is underway, as are several inquiries in Congress.

Persons: Kimberly, Donald J, Trump, Kimberly A, Bill Clinton, Dick Cheney, Cheatle, Biden, Cheney, Barack Obama’s, Jill Biden, Charles Marino, ”, “, Ms, Marsha Blackburn of, John Barrasso of, Anthony Guglielmi, Cheatle “, Mr, Guglielmi Organizations: Capitol, Secret Service, North, PepsiCo, Service, Security Magazine, Eastern Illinois University, The News, Gazette, World Trade Center, Pentagon, Mr, ABC, Republican National Convention, Secret Locations: Illinois, Danville , Ill, Chicago, Detroit, Atlanta, Laurel , Md, Butler, Pa, Marsha Blackburn of Tennessee, John Barrasso of Wyoming

☆ ‘Bad Breath Rapist’ Is Captured After Nearly 17 Years on the Run
▼ + stars: | 2024-05-29 | by ( Michael Levenson | ) www.nytimes.com time to read: +1 min

A Massachusetts man who fled during his rape trial in 2007, and was convicted in absentia, had been living for more than a decade with a woman in California who had no idea he was a wanted fugitive, the authorities said. But the man’s hidden past surfaced on Tuesday, when law enforcement agents in Danville, Calif., about 30 miles east of San Francisco, arrested the man, Tuen Kit Lee, 55, who was known as the “bad breath rapist,” the Massachusetts State Police said. Mr. Lee, who had fled just before closing arguments at his trial in Quincy, Mass., had been living with the woman, a flower shop owner, in her multimillion-dollar home in Diablo, a community of about 1,200 residents just outside Danville, the state police said. Chris Tamayo, a senior inspector with U.S. Marshals Service in Northern California, said that Mr. Lee had initially fled to New York and had then taken a bus to San Francisco, where he met the woman who became his companion for the past 10 years.

Persons: Tuen Kit Lee, Lee, Chris Tamayo, Mr Organizations: Massachusetts State Police, U.S . Marshals Service Locations: Massachusetts, California, Danville , Calif, San Francisco, Quincy , Mass, Danville, Northern California, New York

☆ When Prison and Mental Illness Amount to a Death Sentence
▼ + stars: | 2024-05-05 | by ( Glenn Thrush | Carlos Javier Ortiz | ) www.nytimes.com time to read: +1 min

Four men in black tactical gear pinned him, his face to the concrete, to cuff his hands behind his back. “I didn’t do anything,” Mr. Johnson moaned as they pressed a shield between his shoulders. Mr. Johnson, 21 and serving a short sentence for gun possession, was in the throes of a mental collapse that had gone largely untreated, but hardly unwatched. But for the previous three weeks, Mr. Johnson, who suffered from bipolar disorder and schizophrenia, had refused to eat or take his medication. Most dangerous of all, he had stealthily stopped drinking water, hastening the physical collapse that often accompanies full-scale mental crises.

Persons: Markus Johnson, Mr, Johnson moaned, Johnson Organizations: Danville Correctional Center Locations: Danville, Chicago

☆ Timothy Stephenson sentenced for 1998 Kansas City murder
▼ + stars: | 2024-03-29 | by ( Faith Karimi | ) edition.cnn.com time to read: +5 min

But Stephenson harbored a secret: About two decades earlier, he had shot andkilled a man he met at a bar in Kansas City. Oliphant’s body was found two months later in some woods in rural Benton County, Missouri, about 100 miles southeast of Kansas City. In his confession to his husband, Stephenson told him he later remodeled the bathroom to mask the crime scene and conceal evidence. Investigators interviewed Stephenson in 1998 and he admitted to taking an “unknown male” to his home in Kansas City. Ginejko told police he tried to research the Missouri killingafter his husband’s confession but there was little information available online.

Persons: Timothy Stephenson, Stephenson, Stephenson’s, he’d, Joseph Ginejko, Randall Oliphant, Randy Oliphant, Oliphant, ”, who’d, Ginejko, —, “ Organizations: CNN, Authorities, Current, Kansas City . Missouri State Police, Police, Patrol, Attorney’s Office Locations: San Francisco, Kansas City, Missouri, Benton County , Missouri, Benton County, Danville, San Francisco’s, California, Contra Costa County

McLEAN, Va. (AP) — A Virginia Senate committee on Tuesday rejected legislation that would have allowed a referendum on a casino in the wealthy suburbs of the nation’s capital. The committee rejected a motion to kill the bill outright, instead opting to carry the bill over to 2025 for future consideration. A study commissioned in 2019 by the Joint Legislative Audit and Review Committee found that a northern Virginia casino could generate $155 million annually in tax revenue, more than any of the other casinos built in Virginia. Virginia voted in 2020 to allow locations in five cities, subject to referendum. Bristol, Danville, Portsmouth and Norfolk all voted for a casino; Richmond voters twice rejected a proposed casino in that city.

Persons: Sen, Louise Lucas, Lucas, ” Sen, Jennifer Boysko, David Marsden, Marsden, ” Marsden, “, Scott Surovell, Connie Hartke, ”, “ We're Organizations: Senate Finance, Assembly, Fortune, Fairfax, Audit, MGM, Reston Citizens Association, Richmond Locations: McLEAN, Va, Virginia, Fairfax County, Tysons, ”, National Harbor, Potomac, Reston, Petersburg, Bristol, Danville, Portsmouth, Norfolk, Richmond

FALLS CHURCH, Va. (AP) — Legislation that would allow a referendum on a casino in the northern Virginia suburbs of the nation’s capital cleared a hurdle Wednesday when a state Senate committee voted to advance the bill. Another bill that passed the committee Wednesday would allow Petersburg to hold a referendum on a casino in place of Richmond. Marsden said allowing a casino in northern Virginia provides geographic diversity and fairness. Legislative studies have also shown that a northern Virginia casino would generate more tax revenue than anywhere else. The Northern Virginia Chamber of Commerce supports the bill.

Persons: Glenn Youngkin, Sen, David Marsden, ” Marsden, Marsden Organizations: Senate, Committee, Delegates, Virginia Gov, Fairfax, Technology, Richmond, Northern, Northern Virginia Chamber of Commerce Locations: Va, Virginia, Fairfax County, Tysons, Bristol, Danville, Portsmouth, Norfolk, Petersburg, Richmond, Maryland, Potomac, Bethesda, Northern Virginia

RICHMOND, Va. (AP) — Voters in Virginia's capital city are deciding Tuesday whether developers can move forward with a proposed $562 million resort casino along Interstate 95. A ballot measure on whether to allow the gambling and entertainment complex is before Richmond voters for a second time, after the city narrowly rejected the proposal two years ago. Many of the anti-casino signs that dotted the city in recent weeks have emphasized the fact that the city already said “no” once before. Boosters estimate the casino will deliver 1,300 permanent jobs, and developers are promising big financial benefits. An agreement with the city calls for a one-time upfront $25.5 million payment if the referendum passes, with another $1 million after financing closes.

Persons: Levar Stoney, ”, Tierra, Paul Goldman, Goldman, They’re, trashing, ” Goldman Organizations: —, Richmond, Richmond Grand, Urban, Kentucky Derby, Democratic Party, “ Locations: RICHMOND, Va, Virginia's, Richmond, Churchill Downs, Louisville, Tierra Ward, Virginia, Bristol, Portsmouth, Danville, North Carolina, Norfolk

☆ Tyson plant closures prompt economic soul-searching in the Ozarks
▼ + stars: | 2023-11-06 | by ( J.J. Mccorvey | Brian Cheung | ) www.cnbc.com time to read: +7 min

When Tyson Foods announced in August that it was closing its 1,500-worker chicken plant in Noel, Missouri, residents knew the rural town would be hit hard. Tyson didn't immediately comment on its compensation of former Noel employees. said Corina Chinchilla, 32, who worked for 13 years at the Noel plant, ultimately becoming a production supervisor for packaging chicken breasts and tenders. Other Tyson workers, like Ryan Coulter, 27, declined to move. State and federal officials, wary of economic fallout in the region, have pressed Tyson to sell some of the sites it's vacating.

Persons: Tyson, —, Jimi Lasiter, I'm, Lasiter, hadn't, Tyson didn't, Noel, Joe Biden, Corina Chinchilla, I've, didn't, Chinchilla, David Handy, Handy didn't, Ryan Coulter, Coulter, Terry Lance, Harry S, he'd, Lance, Sen, Josh Hawley, Andrew Bailey, Hawley, Donnie King Organizations: Tyson Foods, Bowling, NBC News, Value Foods, Amazon, Costco, Truman Coordinating Council, Missouri Independent Locations: Noel , Missouri, Danville , Virginia, Bowling Green , Kentucky, Monett , Missouri, Noel, Neosho, Ozark, Rock , Arkansas, Arkansas, Little Rock, Missouri, Texas, Somalia, United States, Dexter

Even as inflation has slowed from last summer's 40-year highs, Fed officials have been reluctant to declare their job finished until there are clearer signs the economy is slowing. If, as some argue, the interest rate that neither stimulates nor restrains the economy has shifted higher, it means Fed policy is putting less pressure on the economy than expected. Partly to let its policies play out, the Fed is widely expected to leave interest rates on hold at its Sept. 19-20 meeting. Will the bulk of policymakers feel higher rates will be needed to finish the job? "I do expect some rise in unemployment will be required to get underlying inflation into a zone where the Fed is comfortable."

Persons: Chris Albrecht, what's, Thomas Barkin, Barkin, Charles Evans, Richard Clarida, Howard Schneider, Dan Burns, Paul Simao Organizations: Caesars, Richmond Fed, Reuters, Fed, Chicago Fed, Workers, U.S, Thomson Locations: DANVILLE, Virginia, Danville , Virginia, Caesars Virginia, Danville, U.S, Jackson Hole , Wyoming

U.S. Treasury yields were mixed on Thursday as investors await signals on monetary policy from central bankers at the upcoming Jackson Hole meeting. The yield on the benchmark 10-year Treasury note was up around 2 basis points at 4.215%, after hitting a 16-year high on Monday. The yield on the 30-year Treasury bond climbed less than 1 basis point to 4.288%. Richmond Fed president Thomas Barkin struck a hawkish tone on Tuesday, reiterating that the Fed needs to defend the 2% inflation target to preserve its credibility with the public. The U.S. Treasury on Thursday will auction $80 billion in 4-week bills, $70 billion in 8-week bills and $8 billion in 29-year and six-month Treasury Inflation-Protected Securities.

Persons: Jackson, Thomas Barkin, Barkin, — CNBC's Elliot Smith Organizations: Treasury, Federal, Richmond Fed, of Commerce, U.S, Securities Locations: Jackson Hole , Wyoming, Danville Pittsylvania County

☆ Treasury yields mostly lower as rally takes a pause ahead of Jackson Hole
▼ + stars: | 2023-08-23 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

U.S. Treasury yields were lower at the long end of the curve on Wednesday as investors assessed the outlook for interest rates ahead of the Federal Reserve's Jackson Hole symposium. At the shorter end of the curve, yields were marginally higher. "We have one big weapon and that is credibility," Barkin said to the Danville Pittsylvania County Chamber of Commerce. "There is nothing magic about 2 except that when you set that as a target you probably want to achieve it." On the data front, S&P Global's flash purchasing managers' index readings for August are due at 9:45 a.m.

Persons: Jackson, Jerome Powell, Thomas Barkin, Barkin Organizations: Treasury, Federal, Richmond Fed, of Commerce Locations: Wyoming, Danville Pittsylvania County

That includes a possibility "that inflation stays high and the economy strengthens," Barkin said. Barkin said there was nothing in the recent market movements which caused him to think financial conditions were tightening too quickly or in ways that were concerning. "It doesn't strike me that having a 10-year rate over 4 (percent) is somehow wildly inappropriate," given the Fed's current policy rate, Barkin said. Rates seem to be increasing "as best I can tell with the strength of the economic data ... If consumer spending and retail sales continue to be that strong ... it's probably appropriate."

Persons: Thomas Barkin, Barkin, it's, Howard Schneider, Paul Simao Organizations: Federal, U.S, Richmond Fed, Reuters, Thomson Locations: DANVILLE, Virginia, .

☆ Ready for a Nice, Soothing Bath? Just Head to the Backyard.
▼ + stars: | 2023-06-09 | by ( Lia Picard | ) www.nytimes.com time to read: +1 min

To run the lines and add the concrete slab under the tub was about $8,000, Mr. Lynn said. The bathtub isn’t the yard’s focal point, but looks cohesive with the outdoor space that suggests a wine country resort. “We were trying to maximize what we could with a limited income and limited lifestyle,” said Mr. Burns. Christina Chaccour, 33, counted an outdoor bathtub as a “nonnegotiable” when she and her husband renovated their backyard in Danville, Calif., about five years ago. The double slipper tub sits on black-and-white tile with a star print, and a concrete privacy wall separates it from the side yard.

Persons: It’s, Lynn, ”, Burns, “, Christina Chaccour, Chaccour, doesn’t Locations: Danville , Calif

☆ Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale, sources say
▼ + stars: | 2023-05-01 | by ( ) www.cnbc.com time to read: +4 min

This is weighing on how much the private equity firms are offering to buy companies. So far, bids for Subway have ranged between $8.5 billion and $10 billion, one of the sources said. Barclays, a major player in the market for WBS financing, is one of the banks in discussions about long-term financing, the sources said. JPMorgan's financing package also offers the option of a preferred equity component with a roughly 15% interest rate, the sources said. This is a more expensive route that private equity firms may not opt for, three of the sources added.

But overall bank credit has been stalled at about $17.5 trillion since January. The response - less lending, tighter credit standards and higher interest on loans - was already taking shape. Hard data on bank lending and credit will come into play, augmenting topline statistics like unemployment and inflation that the Fed is focused on. Reuters GraphicsSENTIMENT WEAKENINGThe survey of large and small banks asks high-level questions - Are lending standards tighter or looser? A Dallas Fed bank conditions survey, conducted in late March after the two bank failures, indicated lending standards in that Fed regional bank's district have kept tightening, with loan demand falling.

☆ ‘The Noise of Typewriters’ Review: Newsroom Memories
▼ + stars: | 2023-02-24 | by ( James Rosen | ) www.wsj.com time to read: 1 min

“I have done nothing memorable in my life,” declares Lance Morrow, “and yet all around me, things have happened.” Only the second part of that statement is true. Mr. Morrow, for many years an essayist at Time magazine, looks back on a long and eventful career in journalism in “The Noise of Typewriters,” a memoir that is less a sequential narrative than a series of impressions and vignettes, unabashedly digressive, invariably provocative. Now 83 and retired to a farm in upstate New York, Mr. Morrow is still an occasional essayist, for the Journal and other publications. His career began with a teenage stint as a reporter-photographer at the Danville News in Pennsylvania, where his experiences included witnessing a race car spin off its track and plow into spectators.

The business, which is valued at an estimated $3 million, buys about 80% of its cars at auctions around the country. "I never know what I'm going to come home with and that's half the thrill, half the fun," he said. More than 9 million cars are sold at auctions around the U.S. every year, according to the National Auto Auction Association. Many of those sales come from Stowell's online followers on YouTube and other social media. Watch this video to learn how Stowell built his $3 million business buying cars at auctions.

☆ How I built my $3 million business buying cars at auctions
▼ + stars: | 2023-02-17 | by ( Emily Lorsch | Tala Hadavi | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow I built my $3 million business buying cars at auctionsCraig Stowell owns Flying Wheels, a car dealership in Danville, New Hampshire. Valued at an estimated $3 million, Stowell's business buys about 80% of its cars at auctions around the country. Flying Wheels reached $1.3 million in sales last year. Many of those sales came from his online followers on YouTube and other social media. Watch this video to learn how Stowell built his $3 million business buying cars at auctions.

☆ Punk icon Tom Verlaine, founder of the band Television, dies at 73
▼ + stars: | 2023-01-29 | by ( ) www.nbcnews.com time to read: +4 min

Tom Verlaine, who redefined rock guitar in the punk era of the 1970s with his band Television, died Saturday in Manhattan. Tom Verlaine’s soloing (and Richard Lloyd‘s as well, of course) showed me you could be a virtuoso and dangerous at the same time, more Coltrane or Ornette than the arena rockers of the day. In 2007, Lloyd was replaced in the touring unit by Jimmy Ripp, who had for many years supported Verlaine on his solo albums and tours. Only after his twin brother John played the Rolling Stones’ “19th Nervous Breakdown” and other contemporary rock records for him did Miller rethink his preferred instrument. Though he always boasted a devoted cult fan base, Verlaine never succeeded in attaining a commercial foothold on the charts; his 1981 sophomore solo album “Dreamtime,” his lone entry, peaked at No.

☆ Virginia Gov. Youngkin stokes 2024 campaign speculation after killing Ford battery plant over China links
▼ + stars: | 2023-01-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +7 min

But this week, Virginia Republican Gov. (Virginia doesn't allow governors to serve consecutive terms, so Youngkin can't seek re-election.) “There’s a logic to the politics of Youngkin’s decision,” said Liam Donovan, a Republican strategist and lobbyist. Gretchen Whitmer telling the Detroit News that Youngkin’s “political determination” created an “exciting opportunity” for her state. “Carlyle makes a lot of money out of China,” said Surovell, the Democratic state senator.

☆ U.S. Postal Service to transform delivery fleet with 66,000 electric vehicles by 2028
▼ + stars: | 2022-12-20 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Three United States Postal Service (USPS) mail trucks are parked in front of the post office in Danville. On July 20, the USPS announced that at least 40 percent of its Next Generation Delivery Vehicles (NGDVs) and commercial off-the-street (COTS) vehicles will be battery electric vehicles. Postal Service said Tuesday that it intends to purchase at least 66,000 electric delivery vehicles as part of a push to transform its delivery fleet. The electric vehicles would amount to more than half the 106,000 vehicles it plans to acquire for delivery between now and 2028. The new vehicles will start to replace its aging fleet of 220,000 vehicles, the Postal Service said in a press release.

A 5-year-old girl missing since Thanksgiving, when the body of her mother was discovered at their residence in South Carolina, was found safe Friday, authorities said. Orangeburg County Sheriff's Office"Aspen is fine, and —she’s okay," Orangeburg County, South Carolina, Sheriff Leroy Ravenell announced at a news conference Friday. Authorities soon realized Aspen, as well as her father, Antar Jeter, were missing. Authorities allege the 2015 Mazda 6 Antar Jeter was driving was stolen. Asked about her fate, he said the family's goal is to keep her in the hands of relatives in South Carolina and away from Child Protective Services.

☆ Prayers, the pledge of allegiance and culture wars: Inside a Doug Mastriano rally in the final days of his long-shot bid for governor of Pennsylvania
▼ + stars: | 2022-11-03 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +13 min

A Doug Mastriano rally in Bucks County, Pennsylvania, featured praying and wading into culture wars. National and state Republican donors and groups have offered little support to his candidacy. "He's just been there the whole time," a Mastriano voter in Bucks County who only identified himself as Jeremy, told Insider. "You can't get your message out one-on-one to voters," Josh Novotney, a Pennsylvania GOP strategist, told Insider. "It's a different tactic and I pray it works," Joe Vichot, chairman of Lehigh County's GOP, told Insider.

☆ A Statement Chandelier Plays Centerpiece to a Contemporary Dining Room
▼ + stars: | 2022-09-23 | by ( Laura Hine | ) www.wsj.com time to read: +1 min

When Casey Howard and her client saw the Studio Bel Vetro Light Drop chandelier in a showroom, they had an “aha” moment. “We both agreed it was perfect; it’s sculptural in the day and twinkles above the lights at night,” says Ms. Howard, principal designer and owner of Danville, Calif.-based Casey Howard Interior Design. The house has large windows along a curved exposure that maximize views of the San Francisco Bay, Oakland and San Francisco. In the dining room, those windows—plus stairs that curve into the space—create a room with few right angles. “Because it’s a semicircle, the space presented some design challenges,” Ms. Howard says, noting that the unusual shape led to some innovative solutions.

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